The global #transaction #monitoring #software market size reached US$ 14.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 31.5 Billion by 2028, exhibiting a growth rate ... View MoreThe global #transaction #monitoring #software market size reached US$ 14.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 31.5 Billion by 2028, exhibiting a growth rate (CAGR) of 13.6% during 2023-2028.
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Transaction Monitoring Software Market Trends and Drivers:
The rising incidences of financial crime, such as money laundering and fraud and the escalating demand for identifying suspicious patterns and detecting fraudulent transactions, represent one of the key factors positively influencing the market. In addition, the increasing regulatory compliance and stringent regulations of anti-money laundering (AML) and counter-terrorism financing (CTF) are catalyzing the demand for transaction monitoring software.
Explore full report with table of contents: https://www.openpr.com/news/3032146/transaction-monitoring-software-market-to-reach-us-31-5
Some of the leading players operating in the market are:
ACI Worldwide Inc., BAE Systems plc, Comply Advantage, Experian plc, Fair Isaac Corporation, FIS, Fiserv Inc., NICE Ltd., Oracle Corporation, SAS Institute Inc., Software AG and Thomson Reuters Corporation.
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Transaction Monitoring Software Market Size & Share 2023-2028
The global transaction monitoring software market size reached US$ 14.4 Billion in 2022 and it is expects the market to reach US$ 31.5 Billion by 2028, exhibiting a growth rate (CAGR) of 13.6% during
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